Friday 26 August 2016

IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Global … – Business Wire (press release)

LOS ANGELES–()–Lundin
Law PC
(the “Firm”) proclaims a category motion lawsuit has been filed
against Global Digital Solutions Inc. (“Global Digital” or the
“Company”) (Other OTC: GDSI) regarding potential violations of federal
securities legal guidelines between October eight, 2013 and August 12, 2016 (the “Class
Period”). Investors, who bought or in any other case acquired shares throughout
the Class Period, ought to contact the Firm prematurely of the October
24, 2016 lead plaintiff movement deadline.

To take part on this class motion lawsuit, click
here
. You also can name Brian Lundin, Esquire, of Lundin Law PC,
at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been licensed within the above motion. Until a category is
licensed, you aren’t thought-about represented by an lawyer. You might
additionally select to do nothing and be an absent class member.

According to the grievance, Global Digital made false and deceptive
statements and/or did not disclose that: Airtronic USA, Inc.’s
unique gear producer provider settlement that Global Digital
disclosed in its October 2013 press releases didn’t exist; that the
Company did not take away deceptive statements from its web site even
after repeated requests to take action from the CEO of Airtronic; that Global
Digital lacked an inexpensive foundation for its income projection for 2014;
that the Company had no credible financing to accumulate any firm; that
Global Digital acquired numerous communications indicating Remington
Outdoor Company, Inc. had little interest in Global Digital’s unsolicited
acquisition supply; that Remington had already rejected Global Digital’s
supply on a number of events; and that because of the above, the
Company’s statements about its enterprise, operations and prospects have been
materially false and deceptive and/or lacked an inexpensive foundation in any respect
related occasions. When this info was introduced, Global Digital
shares dropped in worth.

Lundin Law PC was based by Brian Lundin, a securities litigator based mostly
in Los Angeles devoted to upholding shareholders’ rights.

This press launch could also be thought-about Attorney Advertising in some
jurisdictions beneath the relevant law and moral guidelines.


Source link

The post IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Global … – Business Wire (press release) appeared first on Utah Business Lawyer.



from
http://www.utbusinesslawyer.com/important-shareholder-alert-lundin-law-pc-announces-securities-class-action-lawsuit-against-global-business-wire-press-release/

No comments:

Post a Comment